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Our customers tell us that our combination
Factoring your freight bills through us
One of the biggest advantages of factoring
We have no minimum dollar
Fast and Easy Setup, Set up your -Funding within 12-24 hours -Free & Quick credit checks for -No minimum invoice fees. -No Long Term Contracts -No Check Clearance Days -Low factoring fees -High advances 90% to 97% -You select the accounts to factor -24/7 Online account management tools
You have access to your account information around the clock. Our online
Credit Expertise Get Your Cash Today |
More About Freight Bill factoring
opposed to bank loans, freight bills factoring has no arbitrary high limits. You can factor as many freight bills as you can generate. So, as your company grows, so does your financing. Here is how freight bills factoring works: 1. You submit a copy of your freight bills to the factoring company 2. The factor advances you between 90% to 98% of your freight bills (sometimes they hold a small reserve) 3. Your get immediate use of the funds. The factor waits to get paid. 4. If the factor held a reserve, the reserve is rebated as soon as your customer pays the freight bill Factoring costs are driven by three variables: a) monthly financed volume, b) your customer credit worthiness and, c) how long the freight bills goes unpaid. 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